case study

Atisreal, the real estate division of BNP Paribas, engaged BAC Romania as its adviser to identify potential acquisition targets in order to enter the Romanian market

BAC filtered potential targets based on strategic fit, growth potential and management quality and identified Cornerstone, one of the largest independent real estate brokers on the Romanian market, as a potential acquisition target for Atisreal

Cornerstone had operated under the C.B. Richard Ellis license from 2002 to June 2007

BAC was responsible for structuring the transaction, negotiations and coordination of the due diligence process

After completing the transaction, Atisreal became one of the top five players in Romania, in its respective market segment